Property profile

16924 Colony Dr Fountain Hills, AZ 85268

OFF-MARKET
Industrial properties
Property ID
US07-0413484
10,490 SF 0.35 ac lot Built 2005
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL LOFT BUILDING
Year built 2005
Construction CONCRETE
Total area 10,490 SF
Lot 0.35 ac (15,385 SF)
Zoning code C-3
APN 176-08-074
UPID US07-0413484

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Furniture & Home Goods Home Decor Store

Location

16924 Colony Dr Fountain Hills, AZ 85268-4789
Fountain Hills metro Census 216820 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.60M
Blend (final) Blend
$130k

Owner & transaction history

since 2024
Last sale
$1.8M
5 recorded transactions
2024
$1.8M
2004
Price N/A
2000
$150,000
1999
$120,000
1969
Price N/A

Zoning & alternative use

C-3 · Fountain Hills, AZ
Zoning description

Town of Fountain Hills Zoning Ordinance Chapter 6 Page 32 of 34 November 1, 2012 1752356.9 5. In the C-2, C-3, and TCCD zoning districts, a secondary entrance wall sign is allowed in addition to total aggregate sign area…

General category COMMERCIAL
Top alternative use upside
Neighborhood: shopping center $2.3M +63.3%
Office building $1.7M +22.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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